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Kevin G. Chavers and Luke S. Hayden are the newest members of Freddie Mac's Board of Directors.
Appraisal values are more likely to fall lower than the contracted sale price of a home in census tracts with a higher concentration of Black and Latino households.
Mortgage rates are retreating once again, with the 30-year fixed-rate falling to 2.77% for the week ending Aug. 5, 2021.